How To Fix FINS_FI_SIF015 - Balance carryforward has not yet been executed for &1/&2 in &3

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_FI_SIF - SAP S/4HANA Finance: Subsequent Implementation of Functions

• Message number: 015

• Message text: Balance carryforward has not yet been executed for &1/&2 in &3

What causes this issue?

Before you can execute the activities of the project in the current
fiscal year &V3& for company code &V1&, the balance carryforward must
have already been executed in the source ledger &V2&. This step is
necessary in order to avoid any data inconsistencies in the target
ledger.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Execute
<DS:TRAN.FAGLGVTR>Balance Carryforward</> for company code &V1& in
source ledger &V2& and fiscal year &V3&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_FI_SIF015 - Balance carryforward has not yet been executed for &1/&2 in &3 ?

  The SAP error message FINS_FI_SIF015 indicates that the balance carryforward process has not been executed for a specific company code, fiscal year, and ledger. This message typically arises in the context of financial accounting when trying to perform operations that require the balance carryforward to be completed first.
  Cause:
  The error occurs when:
  
  The balance carryforward process has not been executed for the specified company code (&1), fiscal year (&2), and ledger (&3).
  The system is trying to access financial data that is dependent on the balance carryforward being completed.
  There may be a configuration issue or a missing step in the year-end closing process.
  
  Solution:
  To resolve this error, you should follow these steps:
  
  
  Execute Balance Carryforward:
  
  Navigate to the transaction code S_ALR_87012357 (or use the appropriate transaction for your version of SAP) to execute the balance carryforward.
  Ensure that you have the necessary authorizations to perform this action.
  
  
  
  Check Configuration:
  
  Verify that the configuration for the balance carryforward is set up correctly in the system. This includes checking the fiscal year variant and ensuring that all necessary settings are in place.
  
  
  
  Review Year-End Closing Process:
  
  Ensure that all steps in the year-end closing process have been completed. This includes closing the previous fiscal year and ensuring that all necessary postings have been made.
  
  
  
  Check for Open Items:
  
  Make sure there are no open items that could be preventing the carryforward from being executed. Clear any outstanding items if necessary.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific instructions related to your version of SAP, as the process may vary slightly.
  
  
  
  Contact Support:
  
  If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting with SAP support for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  S_ALR_87012357: Report for balance carryforward.
  F.01: Financial statement report that may be affected by the carryforward.
  
  
  
  SAP Notes:
  
  Check for any relevant SAP Notes that may address specific issues related to balance carryforward or the error message itself.
  
  
  
  Documentation:
  
  Review the SAP Help Portal for detailed guides on year-end closing and balance carryforward processes.
  
  
  
  By following these steps, you should be able to resolve the FINS_FI_SIF015 error and successfully execute the balance carryforward for the specified company code and fiscal year.